117 Penns Manor DrKennett SquarePA19348
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kennett Square at 117 Penns Manor Dr, Kennett Square, PA, 19348 priced at $499,900 converts $3,646/mo rent into $370/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,646/mo, and annual cash flow totals $4,440/yr on $165,717 invested. Return on cash invested prints 22.59% in year one, and rental yield reads 8.75% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 117.68% and total cumulative return in cash sums $195,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,646/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
2,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19348, Kennett Square, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,073 (100%) |
| Owner Occupied HU | 6,803 (67.5%) |
| Renter Occupied HU | 2,504 (24.9%) |
| Vacant Housing Units | 766 ( 7.6%) |
| Median Home Value | $604,956 |
| Average Home Value | $653,696 |
Housing Distribution
Address Breakdown
Residential
9,333
Single Family
7,868
Multi-Family
1,465
Businesses
976
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Listed by: Tina D'Antonio • RE/MAX Excellence - Kennett Square
Mls Name: Bright MLS
Mls ID: #PACT2108280